NICE(NICE)
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NICE Plunges 14% Year to Date: How Should Investors Play the Stock?
ZACKS· 2024-10-07 17:50
Nice's (NICE) shares have declined 14.2% in the year-to-date period compared with the Zacks InternetSoftware industry's growth of 25.3% and the broader Zacks Computer & Technology sector's return of 24.2%. The underperformance can be attributed to strong competition from other industry players like Five9 (FIVN) , Salesforce and 8X8, who are expanding their portfolio in the CX market. In June, Five9 announced an enhanced collaboration with Salesforce, integrating AI-powered solutions to enhance customer expe ...
Nice (NICE) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-10-03 23:05
In the latest trading session, Nice (NICE) closed at $166.98, marking a +0.48% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.44%, and the techheavy Nasdaq lost 0.04%. The software company's shares have seen an increase of 0.4% over the last month, not keeping up with the Computer and Technology sector's gain of 1.41% and the S&P 500's gain of 1.25%. Market participants will be closely following the financial results of Nice in its upcoming ...
Brokers Suggest Investing in Nice (NICE): Read This Before Placing a Bet
ZACKS· 2024-10-03 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Nice (NICE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Nice currently has an average brokerage recom ...
NICE Ltd (NICE) Stock Price Up 3.04% on Oct 2
GuruFocus· 2024-10-02 16:10
Group 1 - NICE Ltd's shares increased by 3.04% on October 2, reaching an intraday high of $170.33 before closing at $169.72, which is 37.31% below its 52-week high of $270.73 and 13.49% above its 52-week low of $149.54 [1] - The trading volume for NICE Ltd was 102,873 shares, representing 18.8% of the average daily volume of 547,299 shares [1] Group 2 - The average one-year price target for NICE Ltd, based on estimates from 14 analysts, is $264.93, indicating a potential upside of 56.10% from the current price of $169.72 [2] - The consensus recommendation from 16 brokerage firms gives NICE Ltd an average rating of 1.6, suggesting an "Outperform" status on a scale where 1 is Strong Buy and 5 is Sell [2] - GuruFocus estimates the GF Value for NICE Ltd at $278.30 in one year, implying a potential upside of 63.98% from the current price of $169.72 [2]
Nice (NICE) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-27 22:56
Nice (NICE) closed the latest trading day at $171.44, indicating a +1.46% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.13%. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%. Shares of the software company have depreciated by 3.07% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.7% and the S&P 500's gain of 2.43%. The upcoming earnings release of Nice will b ...
Nice Launches AI Fraud Solution: How Should Investors Play the Stock?
ZACKS· 2024-09-25 16:50
Nice's (NICE) platform, Nice Actimize, recently introduced the market's first AI-powered Fraud Investigations solution, offering comprehensive end-to-end fraud management from detection to investigation. Designed to optimize fraud investigations post-detection, the solution helps financial institutions save time and reduce costs with its automated workflow and specialized fraud case management. Leveraging advanced Generative AI, the system automates key processes, enhancing customer responsiveness and ensur ...
Wall Street Bulls Look Optimistic About Nice (NICE): Should You Buy?
ZACKS· 2024-09-17 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Nice (NICE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Nice currently has an average broke ...
NICE Wins Pinal County Deal: Should You Buy, Hold or Sell the Stock?
ZACKS· 2024-09-10 16:36
Nice (NICE) shares have risen 4.3% in the past month, outperforming the Zacks Computer & Technology sector's decline of 2.2%. The upside can be attributed to Nice's diverse portfolio, which is helping it gain new customers. Actimize, Evidencentral, CXone and Inform Elite are some of the solutions that have been gaining popularity. NICE's focus on its Evidencentral platform has been a key catalyst. Nice recently announced that the Pinal County Attorney's Office in Arizona would be adopting its NICE Justice d ...
Here's Why Nice (NICE) is a Strong Growth Stock
ZACKS· 2024-09-05 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores ...
Why Nice (NICE) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-20 14:46
Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] - The Growth Score assesses a company's financial strength and future outlook through projected and historical earnings, sales, and cash flow [3] - The Momentum Score capitalizes on price trends and earnings outlook changes, using factors like one-week price change and monthly earnings estimate changes [4] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with attractive value, growth forecasts, and promising momentum [5] Zacks Rank - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to facilitate portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] - There are over 800 top-rated stocks available, making it essential to use Style Scores to identify the best investment opportunities [8] Stock Example: NICE - NICE is a leader in the customer experience domain with an AI-powered cloud platform, currently rated 3 (Hold) on the Zacks Rank and holding a VGM Score of A [10] - The company is projected to have a year-over-year earnings growth of 21.3% for the current fiscal year, supported by a Growth Style Score of A [10] - Recent analyst revisions have increased the earnings estimate for fiscal 2024 by $0.02 to $10.66 per share, with an average earnings surprise of 4.4%, making NICE a strong candidate for growth investors [11]